-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VKt7wLFLnE4y+5WWIszz+DrbccpDJ/tlXgRJzpIw5bnKUxUcIW/oY9wbo7Cgmtjn CVqTm1E3e25Sq0SgCTQ3zQ== 0001157523-08-010001.txt : 20081219 0001157523-08-010001.hdr.sgml : 20081219 20081219103648 ACCESSION NUMBER: 0001157523-08-010001 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081219 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081219 DATE AS OF CHANGE: 20081219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WORTHINGTON INDUSTRIES INC CENTRAL INDEX KEY: 0000108516 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310] IRS NUMBER: 311189815 STATE OF INCORPORATION: OH FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08399 FILM NUMBER: 081259259 BUSINESS ADDRESS: STREET 1: 200 OLD WILSON BRIDGE ROAD CITY: COLUMBUS STATE: OH ZIP: 43085 BUSINESS PHONE: 6144383210 MAIL ADDRESS: STREET 1: 200 OLD WILSON BRIDGE ROAD CITY: COLUMBUS STATE: OH ZIP: 43085 FORMER COMPANY: FORMER CONFORMED NAME: WORTHINGTON STEEL CO DATE OF NAME CHANGE: 19720123 8-K 1 a5858374.htm WORTHINGTON INDUSTRIES, INC. 8-K



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):

December 19, 2008


WORTHINGTON INDUSTRIES, INC.

(Exact Name of Registrant as Specified in its Charter)


Ohio

1-8399

31-1189815

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

200 Old Wilson Bridge Road, Columbus, Ohio

43085

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code:

(614) 438-3210

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 8.01     Other Events

On December 19, 2008, Worthington Industries, Inc. announced that its subsidiary, Dietrich Metal Framing, has signed an agreement to sell its share of Aegis Metal Framing, LLC (“Aegis”) for approximately $25 million to its partner, MiTek Industries, Inc. (“MiTek”).   The joint venture began operations in February of 2002.   MiTek is a subsidiary of Berkshire Hathaway, Inc.

Aegis provides building component manufacturers with a full line of metal framing products that are integrated with engineering, whole-structure design, estimating and management software.  Certain dedicated Aegis production lines currently located at Dietrich Metal Framing facilities in Rockhill, SC, and Hammond, IN, are included in the sale and will be transferred to a designated MiTek facility. The equipment transfer will be staged over the first six months of calendar year 2009.

Item 9.01.     Financial Statements and Exhibits.

(a)-(c)   Not applicable.
(d) Exhibits:

Exhibit No.

 

Description

 
99.1 News Release issued by Worthington Industries, Inc. on December 19, 2008

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

WORTHINGTON INDUSTRIES, INC.

 

Date:

December 19, 2008

 

 

 

By:

/s/ Dale T. Brinkman

Dale T. Brinkman, Vice President-Administration,

General Counsel and Secretary

EX-99.1 2 a5858374ex991.htm EXHIBIT 99.1

Exhibit 99.1

Worthington Industries Sells Share of Aegis Metal Framing Joint Venture

COLUMBUS, Ohio--(BUSINESS WIRE)--December 19, 2008--Worthington Industries, Inc. (NYSE: WOR) announced today that its subsidiary, Dietrich Metal Framing, has signed an agreement to sell its share of Aegis Metal Framing for approximately $25 million to its partner, MiTek Industries, Inc. The joint venture began operations in February of 2002. MiTek Industries, Inc. is a subsidiary of Berkshire Hathaway, Inc. (NYSE: BRK.A).

Aegis Metal Framing provides building component manufacturers with a full line of metal framing products that are integrated with engineering, whole-structure design, estimating and management software. Certain dedicated Aegis production lines from Dietrich facilities in Rockhill, S.C., and Hammond, Ind., are included in the sale and will be transferred to a designated MiTek facility. The equipment transfer will be staged over the first six months of calendar year 2009.

Worthington Industries is a leading diversified metal processing company with annual sales of approximately $3 billion. The Columbus, Ohio, based company is North America’s premier value-added steel processor and a leader in manufactured metal products such as metal framing, metal ceiling grid systems, pressure cylinders, automotive past model service stampings and laser welded blanks. Worthington Industries and its subsidiaries employ more approximately 7,500 and operate 68 facilities in 10 countries.

Founded in 1955, the company operates under a long-standing corporate philosophy rooted in the golden rule, with earning money for its shareholders as the first corporate goal. This philosophy, an unwavering commitment to the customer, and one of the strongest employee/employer partnerships in American industry serve as the company’s foundation.

Safe Harbor Statement

The company wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 ("the Act"). Statements by the company, which are not historical information, constitute "forward looking statements" within the meaning of the Act. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected. Factors that could cause actual results to differ materially include risks described from time to time in the company's filings with the Securities and Exchange Commissions.

CONTACT:
Worthington Industries, Inc.
Media Contact:
Cathy M. Lyttle, 614-438-3077
VP, Corporate Communications
cmlyttle@WorthingtonIndustries.com
or
Investor Contact:
Allison M. Sanders, 614-840-3133
Director, Investor Relations
asanders@WorthingtonIndustries.com

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